Iraq to make suggestions to facilitate OPEC supply cut agreement
Jabar Ali al-Luaibi Iraq's oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at...
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Nigeria GDP could expand 2.5 pct next year if oil output rises – Moody’s
Nigeria's economy can expand by 2.5 percent next year, rebounding from a recession entered in the second quarter, as long...
Why our policies deserve support, Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria says the country’s economic crisis should not be taken lightly by...
Lending rate falls as t-bill payments inject cash
Interbank lending rate fell to 14 percent on Friday from 22 percent last week after the central bank repaid matured...
U.S. says concerned by deaths of Shi’ites in clash with police
Shi'ites The United States on Friday said it was concerned by the deaths of Nigerians in clashes between Shi'ite Muslims...
FG needs billions in new investment to raise oil output, producer says
FG needs at least $14 billion a year in new investment over the next five years to raise oil output to...
Arik Air reduces domestic flights due to fuel shortages
Arik Air Nigeria's largest airline, Arik Air, has reduced the number of domestic flights it offers due to a scarcity...
Saudi energy minister urges OPEC to cut oil output to 32.5 mln bpd
Saudi Energy Minister Khalid al-Falih said on Thursday that OPEC should cut oil output to 32.5 million barrels per day...
Nigeria sells 120bn naira in treasury bills, yields mixed
Nigeria sold 119.92 billion naira ($394.21 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data...
DMO bond sale falls far short, investors demand higher yields
DMO sold far fewer bonds than it offered on Wednesday, as investors demanded higher yields from a government struggling to...
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